Income Tax Law


When General Pervez Musharraf's government decided to introduce a new tax law in 2000, we, among many, strongly opposed it. Our main objection is that his empire had no authority to enact any such law. The law says, "There is no tax without representation", emphasized by us and others. This constitutional principle is enshrined in Part 77 of the Constitution of the Republic of Pakistan, but as governor, the dictator was not oppressed. even the elected governments since Musharraf have been showing complete disregard for applying the new tax law and other tax codes that are in line with the fundamental rights and public policy guidelines contained in the Constitution.

In Musharraf's time, it was argued that the dictator did not have the authority to enact the Income tax Ordinance, in 2001 repealing the Income tax Ordinance, 1979, also announced by the military dictator, General Zia-ul-Haq. It was thought that he should leave the post to the next government. Unfortunately, the law was promoted and after that all elected officials, including the current one, never bothered to review it.

We do not issue tax rules for the consultation process, which is a human requirement of democracy. Sadly, the repealed Income tax Ordinance, 1979 was again proposed by the dictator of the military, and the Income tax Ordinance, 2001, reminds us of General Musharraf's illegal rule.

Recommended Blogs: 
How to become Filer
Mobile Devices Regulirizations - DIRBS
Check FBR Status online
How to pay income tax 

Comments

Post a Comment

Popular posts from this blog

How Overseas Pakistani can become tax filer

Image
If you're a citizen of Pakistan residing in an exceedingly foreign country, you may have some queries relating to filing your tax returns. Or even you would like to know if you'll become a tax filer, to start with. Whereas the prospect of handling taxes could appear overwhelming to some, the method through that overseas Pakistanis become tax filers is sort of easy. Before we have a tendency to discuss however Pakistani expats will file tax returns from the comfort of their homes, let’s address a number of common misconceptions and queries you may have. Do Overseas Pakistanis Have to File Taxes? The simple answer is yes, overseas Pakistanis ought to file taxes. However, they're solely taxed on their Pakistan-sourced income. Taxation in Pakistan, very like in different countries, relies on an individual’s residential status rather than their position. Previously, someone was thought-about a tax resident if they keep within the country for a period of 183 days (or lo
Read more

FBR notifies rules to launch authorized economic operator program

  ISLAMABAD: Federal Board of Revenue (FBR) has notified rules to launch Authorized Economic Operator (AEO) program to improve trade and business environment in the country. The AEO was launched by inserting Section 212A was inserted in the Customs Act, 1969 through the Finance Act, 2018. The FBR now issued AEO rules vide SRO 798 (I) /2020 dated August 28, 2020. FBR has also constituted AEO Approval Committee in this regard which is finalizing the request of applicants. Software for business process and WeBOC modules for AEO programme has already been developed and is ready for launch at present. The FBR intend to start Pilot project of the AEO programme at MCC Port Qasim (Exports) Karachi in October, 2020, which will be later on extended to import sector as well. The World Customs Organization’s (WCO) Authorized Economic Operator (AEO) Programme is one of the pillars of WCO’s Framework of Standards to secure and facilitate trade (SAFE). The programme is widely acknowledged as a key dr
Read more

Is CNIC and NTN number are same?

Image
No, the CNIC and NTN numbers are two different numbers. The CNIC is a 13-digit number that consists of the first three parts of a five-part section that gives different demographic information and the second part is his family number and the last part represents your gender group. But the NTN number is completely different this number has two digits and is 8 digits. The NTN number is generated sequentially. CNIC and NTN have been different numbers but the FBR has announced that from the 2018-18 financial year they will both be equal. The announcement to include in the CNIC as NTN figures in effect from the last fiscal year 2018 - 19, the Federal Board of Revenue (FBR) are all set to use the details of companies to extend the tax base, it is read. The Federal Board of Revenue has said NADRA has issued CNIC numbers to NTN (National Tax Number) for all Pakistanis and anyone who submits tax forms can use their CNIC instead of NTN issued by Fbr. Please check blogs for more informatio
Read more